United Microelectronics Corporation Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016; Provides Capital Expenditure Guidance for Foundry Segment for 2017
For the year, the company reported net operating revenues of TWD 147,870 million compared to TWD 144,830 million. Operating income was TWD 6,194 million compared to TWD 10,836 million. Income from continuing operations before income tax was TWD 4,847 million. Net income attributable to stockholders of the parent of TWD 8,316 million or TWD 0.68 per basic share compared to TWD 13,449 million or TWD 1.08 per share. Net cash provided by operating activities was TWD 46,450 million and acquisition of property, plant and equipment was of TWD 91,561 million and acquisition of intangible assets was of TWD 1,554 million. The company reported capital expenditure of USD 2.8 billion.
The company expects capital expenditure for foundry segment of USD 2.0 billion for the year 2017.